Bakkt Holdings announces a $1B shelf offering that may support Bitcoin purchases
Bakkt Holdings Inc., a crypto software firm, is looking to raise up to $1 billion through different types of securities offerings to support Bitcoin acquisitions. As a subsidiary of the Intercontinental Exchange, which owns the New York Stock Exchange, Bakkt filed Form S-3 with the U.S. Securities and Exchange Commission on Thursday, outlining its plans […]
Truth Social crypto deal to acquire Bakkt could put Trump on collision course with Kathy Hochul: sources
Donald Trump's plan to buy troubled cryptocurrency company Bakkt could face a chaotic approval process in New York state, potentially putting it in conflict with Gov. Kathy Hochul's administration. The Post reported that. Truth Social's parent company, Trump Media and Technology Group (TMTG), is a subsidiary of Bakkt, formerly led by Kelly Loeffler, a former […]
Trump Media nearing deal to buy crypto firm Bakkt: report
President-elect Donald Trump's social media company is reportedly in talks to acquire cryptocurrency company Bakkt. Trump Media & Technology Group is nearing an all-stock acquisition of a cryptocurrency trading platform previously led by former Georgia Sen. Kelly Loeffler, an ardent supporter of President Trump. The Financial Times reported The announcement was made Monday based on […]
Trump Media group in talks to buy crypto marketplace Bakkt as Bitcoin approaches $100K
Bitcoin Foundation Chairman Brock Pierce argues that Bitcoin skeptics are clearly not reading the tea leaves. Trump Media and Technology Group (TMTG), a major shareholder in social media companies, is a cryptocurrency exchange with digital assets soaring since President-elect Trump secured a second term in the White House. The company is reportedly in talks to […]
Former Starbucks Bitcoin Partner Bakkt Says It’s Running Out of Cash – Decrypt
Digital asset firm Bakkt told regulators this week that it is short on funding, citing the “rapidly evolving environment” of the crypto industry. The company once boasted major partners such as Starbucks and Mastercard, and traces its lineage back to the same company that owns the New York Stock Exchange. Disclosed in SEC filings On […]